Sponsored Content
Crisis in European Union Weakens Austria
The economic crisis in the Eurozone is a major burden for the Austrian economy. The real economy begins to weaken.
Crisis in European Union Weakens Austria / Picture: © Vindobona.org
According to the Austrian Institute of Economic Research (WIFO), the global economy slows down. Above all, the Eurozone becomes a burden for the domestic economy. Nevertheless, the service and construction industry still perform stable, WIFO says. In the manufacturing industry, the growth slows downs substantially.
What is more, unemployment in Austria is on the rise. In July,…
or Log In
Fast News Search